What Happened?

Starz, a Lionsgate company (NYSE: LGF.A, LGF.B), is a leading global media and entertainment company that provides premium subscription video programming on domestic U.S. pay television networks and produces and distributes content for worldwide audiences, including its investment in the Starz PLAY Arabia OTT service. Starz is home to the flagship Starz® brand with 24.5 million subscribers in the United States as of September 30, 2016, with the Starz ENCORESM network at 31.5 million subscribers. Starz provides high-quality, entertaining premium subscription video programming with 17 premium pay TV channels and associated on-demand and online services, including the Starz app. Sold through U.S. multichannel video distributors, including cable operators, satellite television providers, telecommunications companies, and other online and digital platforms, Starz offers subscribers more than 5,000 distinct premium television episodes and feature films every year and up to 1,500 every month, including Starz Original series, first-run movies and other popular movie and television programming.